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Search Results 0 to 16 of about 17 (some duplicates have been removed)
to return to clinton era levels. obama's nemesis as he often told us are millionaires and billionaires. so why not urge that the higher tax rates be applied only to those with incomes of $1 million and not the couples earning more than $250,000. now, i'm talking pure politics, not equity in this case. can they hang their hat on the fact, okay, you're against millionaires, we'll take back their cut for the millionaires? below that they have to get the deal. >> the problem with this is chuck schumer and other senate democrats tried to offer this to republicans last time. remember the last time we did this they rejected it. >> it works for them now. they can say all we want is the schumer deal. >> right now they don't have the leverage to get the schumer deal. they rejected the schumer deal. they don't have the leverage to get it. >> here we disagree. i think they may have a case. if the bogey man is the millionaire -- >> i think that's where it's going to end up. i think that's the flektability in the negotiations at the end is over to whom the higher rates apply. >> but they don't raise tha
. number two, as bill clinton and president obama point out, the math doesn't add up when you're trying to do this just on deductions. you need to do both deductions and loopholes and, of course, raise the rate. that's the only way the math works. and as far as hurt the economy, let me say for the 10,000th time, bill clinton raised tax rates on the top 2% in 1993 and we then proceeded to grow the economy by 23 million jobs. so, that's a bunch of bull, speaker boehner. >> let's go back to alex with the same question. i will argue that even though he hasn't specified the deductions or the loopholes he's going to close, the governor is right, there isn't enough at the top to close to make up for this advantage they have now but it seems he's accepting the moral argument. he's saying, the rich should get socked, too. that was an amazing admission for him to say to that. your thoughts. >> i agree with you. the fact that john boehner is out there saying we are asking the rich to pay more in taxes is not something they ever would have done in 2011. if you remember, math by details in the sitdo
clinton had in his taxes. if we don't do that, the problem is pressure is on spending even more. i think we need to make the defense cuts. we want to minimize human services cuts. the best way to do that is go back to clinton era taxes. i actually have mixed feelings about striking a deal where the rich folks pay more taxes. i think they should pay more taxes, but i actually think going off clithe cliff is a bet solution than just charging people who make a lot of money what they were paying when bill clinton was president. >> the clinton tax rates worked well, and when you look at where we really are today, although the democrats are playing really tough on these top tax rates, they have conceded about 75% of the tax debate to republicans by agreeing with them on all of the otherç rates. >> that is true, aalthough there is a matter of timing. you know, i think part of what you have to look at here is it's really hrepublicans who force this conversation about having deficit reduction right now. we shouldn't have deficit reduction right now. we should focus on jobs and employment and co
that rate to 39.6% where it was during the clinton administration. what else is in this new gop proposal? >> reporter: let's show you some of the savings when it comes to government spending. first of all, they put about $600 billion in what the republicans are calling health savings. we understand -- we don't have details. we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equatio
the federal budget deficit. he knows something about something. he was around when clinton -- remember that economy? okay. he said i wish president obama and the democrats would explain to the nation the federal budget deficit isn't the major problem and deficit reduction shouldn't be the major goal. problem is lack of good jobs and the goal must to be revive both. deficit reduction leads us away from jobs and growth. the reason the fiscal cliff is dangerous is because it's too much deficit reduction too quickly that would suck demand out of the economy. more jobs and growth will help the deficit. recall the '90s when the clinton administration balanced the budget because of faster job growth than anybody expected bringing in more tax revenues than anyone had forecast. europe offers the same lesson in reverse. thank you. as jim says, every time we talk about this, they keep taking the wrong -- lindsey graham said we're going to be greece. yeah, if we do what you want! the best way to generate jobs and growth is
to axiron.com. >>> tonight, we have new evidence that secretary of state hillary clinton is running for president. politicser reveal that she sent hand signed notes with supportive words and encouragement to democrats who narrowly lost their congressional races. in one note, secretary clinton wrote, we will continue needing your voice in the public square in the years to come. in the words of eleanor roosevelt, the future belongs to those who believe in the beauty of their dreams. onward! onward indeed. president obama's pick to chair the democratic party for the next four years, representative debby wasserman schultz, said this about secretary clinton today on andrea mitchell reports. >> she is an incredible leader who has a tremendous future as a leader of the united states of america. i'm sure that she'll be pressed into service. and knowing secretary clinton, i'm sure she doesn't plan to rest very long. >> and the race for the 2016 republican presidential nomination, moments ago, congressman paul ryan spoke at the jack kemp foundation dinner where senator rubio was receiving a l
circumstances. >> cenk: it is tough. all i can say that benjamin met yahoo was in the hillary clinton video. maybe he's waiting for 2016. thank you for your time tonight. >> thank you eliot. >> e [ ♪ theme ♪ ] >> bill: hey, good morning everybody. what do you say? it is tuesday, december 4. so good to see you today. welcome to the "full court press" here on current tv. your new progressive morning show. the only progressive morning show anywhere on cable television in this country. good to have you with us this morning. we will tell you -- bring you up to date on all of the latest news of the day and take your calls at 1-866-55-press. and word is out this morning that roger ails told david petraeus when he was still in iraq that he should quit and run for president of the united states against barack obama and if he did so, roger ails said he would quit fox news and run his campaign. how about it. don't tell me fox news is not the broadcast arm of the republican party. that proves it! all right. we'll get into that and a w
to happen within the next couple weeks. hillary clinton is going to soon be stepping down from secretary of state. leon panetta does not plan to stay on for president obama. although there's fuzziness around that. and the nation needs a cia director post-david petraeus. now president obama may announce his pick for defense secretary within the next couple weeks and he may make it in a high-powered package announcement along with his choice for secretary of state. so all these jobs coming up, state, defense, cia, all will need to be confirmed by the senate and will be announced maybe at once and before christmas. maybe this is the time to have the debate about the way our national security is run. the debate we did not necessarily have before we started making big fundamental changes to that system that mostly just still get discussed behind closed doors. joining us now is senator claire mccaskill, chair of the support subcommittee. thank you for being here. >> it's great to be here. >> you and i have had a lot of interesting conversations over the years about national security. in part,
Search Results 0 to 16 of about 17 (some duplicates have been removed)

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